INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.
  • Members of the European Parliament urged Tunisian President Kais Saied on Wednesday to engage in "genuine" dialogue with political parties...

    European officials have repeatedly voiced concern over his moves, warning of blows against democracy in the birthplace of the Arab Spring uprisings

    In a statement, the delegation urged Tunisians "to embark on a broad-based and structured" dialogue

  • The IMF plans to raise at least $45 billion for a new trust to help ‘low-income and vulnerable middle-income countries’.

    The Washington-based crisis lender's Resilience and Sustainability Trust is expected to come into effect May 1

    It is in addition to a $650 billion boost to reserve assets called Special Drawing Rights allocated earlier this year

  • The two-month ceasefire between Yemen's Houthi rebels and Saudi led military coalition took effect 11 days ago.

    Hans Grundberg, UN envoy held talks with leaders of Houthi rebel

    According to Grundberg, oil tankers have been reached to ease the "fuel crisis" in Yemen

  • Tens of billions of dollars in Iranian money were blocked in many countries including China, South Korea and Japan.

    Delegations from concerned countries met Iran's foreign minister to discuss the deal to release its funds frozen in foreign bank

    In January 2022, Iran urged South Korea to unlock its funds and not to wait for the results of the Vienna talks

  • US President Joe Biden announced an $800 million military aid package for Ukraine on Wednesday as international prosecutors declared the...

    Biden has accused President Vladimir Putin of genocide -- a claim dismissed as "unacceptable" by the Kremlin

    The Pentagon says it has been looking to provide Ukraine with weapons that would "give them a little more range and distance"

  • The Iranians were caught trying to reach Spain with fake documents "according to a criminal modus operandi."

    The Iranians were held trying to reach Spain with fake documents "according to a criminal modus operandi."

    The Bulgarians allegedly were involved in planning the illegal immigration attempt

  • Saudi Arabia and Kuwait will develop a disputed gas field despite Iranian objections, while urging Tehran to engage in negotiations,...

    The two countries also issued a new invitation for Iran to negotiate over the boundary of the gas field

    Tehran had earlier said that the deal contravened "previously held negotiations", adding that it "reserves its right to exploit" the field

  • The Saudi Development and Reconstruction Program for Yemen (SDRPY) and the Saudi Red Crescent Authority (SRCA) announced today the provision of...

    The assistance is in the form of 30 ambulances and highly equipped urgent response vehicles.

    This announcement was made during the signing of a memorandum of cooperation between SDRPY and the SRCA, in Riyadh.

  • The Saudi ambassador to Lebanon, Waleed Al-Bukhari, has pledged the kingdom's support to Lebanon and its people during 'tough times.'...

    The Lebanese presidency said in a statement that the Saudi diplomat's remarks came during his visit to the Lebanese President Michel Aoun in Baabda Palace earlier today

    Al-Bukhari briefed President Aoun on the working mechanism of the Saudi-French joint Fund, allocated to humanitarian aid

  • Russian oil supply, meanwhile, is expected to continue to fall in April by 1.5 million barrels per day amid its...

    Rich countries have agreed to tap an additional 120 million barrels of oil from emergency reserves, with half from the United States.

    Prices fell below $100 in recent days as severe lockdowns in Shanghai raised concerns that crude demand from China would fall.

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